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Ala Wai Mansion #603 2029 Ala Wai Blvd #603, Honolulu, HI, 96815

Neighborhood: Waikiki

$223,500 Condo expired 2 beds 2 baths 896 sqft

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First time EVER available at Ala Wai Mansion and possibly the only time selling! Here's your chance to purchase the lease-fee interest in a building! This is for the LAND ONLY underneath the building. As an owner of the lease-fee interest you receive monthly lease-rent payments, a step-up every 10 years (increasing 2021), and the actual condo unit at the end of the leasehold terms in 2051! Leasehold owner pays ownership costs: maintenance, real property tax, and homeowner's insurance. Showroom example (Unit #703) available by appointment ONLY, Sunday 2-5 PM, 8/9 & 8/16. Do NOT go on property otherwise. Prospectus sheet for additional information available by request.
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Details of Ala Wai Mansion #603

896 sqft interior area
Property type
Condo
Interior area
896 sqft
Open Lanai area
290 sqft
View
None
Price per sqft
$249/sqft
Days on Verhouse
1330
Address
2029 Ala Wai Blvd #603, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Mansion
Year Built
1971
HOA dues
$1,020
Total Monthly fees
$1,020
Total area
1,186 sqft
nr.of parking places
1
Floor Number
6
Land tenure
FS - Fee Simple
Lease renegotiation date
2021-01-01
Lease expiration
2050-12-31
Monthly lease payment
$253
Neighborhood
Waikiki
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Other floors
Beds
2
Baths
2
Floors
Other
Property Condition
Average
Garage & Parking
Assigned
Unit features
Single Level
Inclusions
None

Listed by

Mikiko Terahira, Coldwell Banker Realty
Name
Mikiko Terahira
License number
RS-70424
Brokerage company
Coldwell Banker Realty
MLS #
202018842

Payment calculator

Calculate your monthly payments
Mortgage
$687
Taxes
$145
HOA dues
$2,293
$3,125 per month
Mortgage
$44,700 / 20%
2.28%
30 years
Your amount $687 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1260150099019
Parcel nr.
1260150099019

Waikiki neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Waikiki

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for Ala Wai Mansion #603

$773.95k
Neighborhood average
sales price*
$528.9k
Neighborhood median
sales price*
1264
Number
of sales*
$358.75k
Median sale price Ala Wai Mansion*

Housing type

60% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
15.17 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Ala Wai Mansion building info

Ala Wai Mansion
Features:
none

Other details

Style
High-Rise 7+ Stories
Construction
Concrete
Owner occupancy percentage
35

Schools

15 schools with rating up to 8
School rating Distance
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
Elementary School
0.224mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.435mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.435mi
School rating Distance
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.224mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.435mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.504mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.739mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.881mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.435mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.727mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.821mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.881mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
1.039mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.435mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.727mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.906mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.925mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
1.039mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Expired Oct 15, 2020

Ala Wai Mansion Median sales price 2024

Bedrooms Med. price % of listings
2 beds $250k 100%
Date Event Price $/sqft Source
Oct 15, 2020 Expired $223,500 249.44 MLS #202018842
Aug 5, 2020 New Listing $223,500 -38.77% 249.44 MLS #202018842
Nov 1, 2006 Sold $365,000 407.37 Public Record
Nov 1, 2006 Price Decrease $365,000 -2.67% 407.37 MLS #2608070
Sep 25, 2006 Under contract $375,000 418.53 MLS #2608070
Apr 26, 2006 New Listing $375,000 418.53 MLS #2608070

Taxes of 2029 Ala Wai Blvd #603, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202018842
Current Property Taxes p/month
$145
Assessed Improvement value
$412,100
Assessed Land value
$86,100
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AO
Lease renegotiation date
2021-01-01
Lease expiration
2050-12-31
Monthly lease payment
$253
Total Assessed value
$498,200

Tax History

Year Taxes Source
2019 $1,744 MLS #202018842
2006 $1,596 MLS #2608070
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 2029 Ala Wai Blvd #603, Honolulu, HI, 96815

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Ala Wai Mansion #603

What is Ala Wai Mansion #603?

2029 Ala Wai Blvd #603, Honolulu, HI, 96815 in the Ala Wai Mansion condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 896 sqft interior space. This condo is located on floor number 6 with unit number 603. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has None views.

Which year was this condo built?

This condo was build in 1971.

What is the full address of this Condo?

2029 Ala Wai Blvd #603, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are ABC, 0.19 miles away and Food Pantry, 0.36 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.96 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Oct 15, 2020
Verhouse Last checked 2 minutes ago

2029 Ala Wai Blvd #603, Honolulu, HI, 96815 in the Ala Wai Mansion condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 896 sqft interior space with None views. This condo is located on floor number 6 with unit number 603. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are ABC, 0.19 miles away and Food Pantry, 0.36 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.96 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Condo Expired $223.5k 2029 Ala Wai Blvd #603, Honolulu, HI, 96815 2 beds / 2 baths / 896 sqft Save House Remove from Saved